Peoples Grocery Inc
- Assets
- $5.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 10
- Location
- Oakland, CA
- Founding
- 08/2006
- Data as of
- 06/2017
- EIN
- 75-3055917
Organization Overview
Peoples Grocery Inc is located in Oakland, CA. The organization was established in 2006. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2017, Peoples Grocery Inc employed 10 individuals. Peoples Grocery Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2017, Peoples Grocery Inc generated $163.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 23.9% each year . All expenses for the organization totaled $136.6k during the year ending 06/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
PEOPLE'S GROCERY OPERATES AT THE INTERSECTION OF PUBLIC HEALTH, ECONOMIC DEVELOPMENT AND FOOD SYSTEMS. IT'S MISSION IS TO IMPROVE THE HEALTH AND LOCAL ECONOMY OF WEST OAKLAND THROUGH INVESTING THE LOCAL FOOD SYSTEM.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Esperanza Tervalon-Daumont Board Member | 1 | $0 | |
Keba Konte Board Member | 1 | $0 | |
Ellen Choy Secretary | 2 | $0 | |
Dawn Newton Board Member | 1 | $0 | |
Nwamaka Agbo President | 2 | $0 | |
Evette Brandon Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $163,292 |
| Total Program Service Revenue | $160 |
| Membership dues | $0 |
| Investment income | $139 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $163,591 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $98,331 |
| Professional fees and other payments to independent contractors | $21,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $94 |
| Other expenses | $16,631 |
| Total expenses | $136,556 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,179 |
| Other assets | $0 |
| Total assets | $5,929 |
| Total liabilities | $5,046 |
| Net assets or fund balances | $883 |